4611 Kelley StHouston, TX 77026

This 1,138-square-foot vacant storefront in Houston, Texas, presents a prime investment opportunity. Located in the Near Northeast Submarket, this Class C, stand-alone building enjoys excellent visibility and accessibility from major freeways (610, I-10, and I-69), ensuring high traffic flow. The property is ideally suited for various uses, including retail, office, medical, or pharmacy, and is particularly well-suited for a daycare center, potentially qualifying for community assistance programs. The asking price is $290,000, representing a price per square foot of $254.83. The property's pro-forma NOI is $21,622, yielding a 7.46% cap rate. This location offers significant advantages beyond its immediate appeal. Situated within an Opportunity Zone, this property provides investors with potential tax benefits, including temporary deferral of capital gains, a step-up in basis (up to 15% exclusion with a 10-year hold), and permanent exclusion of capital gains after a 10-year holding period. These Opportunity Zone benefits, coupled with the property's strong location and versatile space, make this a compelling investment for both owner-users and investors seeking a high-return opportunity in a thriving Houston neighborhood. The address is 4611 Kelley St, Houston, TX 77026, in Harris County. The property is currently vacant and ready for immediate occupancy.